True North Commercial Reit (TNT) Forecasted to Post FY2017 Earnings of $0.62 Per Share
True North Commercial Reit (TSE:TNT) – Investment analysts at National Bank Financial cut their FY2017 earnings estimates for True North Commercial Reit in a research report issued on Monday. National Bank Financial analyst D. Chung now expects that the company will earn $0.62 per share for the year, down from their prior forecast of $0.64. National Bank Financial also issued estimates for True North Commercial Reit’s FY2018 earnings at $0.66 EPS.
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The firm also recently disclosed a monthly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were issued a $0.049 dividend. This represents a $0.59 dividend on an annualized basis and a yield of Infinity. The ex-dividend date was Thursday, September 28th.
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